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In Spain, VAT on new buildings can be reduced from 8% to 4%

31.05.2012
Homesoverseas.ru editorial office
39
The Spanish government on Friday approved a new package of anti-crisis measures, which also includes the reduction of VAT on the purchase of new properties from 8 to 4%, according to Euronews . "With these measures we hope to sell the existing property and thereby strengthen the construction sector. It will help create jobs in the industry, which is most affected by the economic crisis, "contained in the message words of the representative of the Spanish government. The bill must still be approved by parliament. "The global crisis has hit the construction industry is stronger than in other sectors of the economy. The Spanish Government recognizes the problems of the Spanish economy, which consist in overweight Spanish property sector. Reduced VAT until the end of the year for the acquisition of new properties from 8 to 4% - one of the fundamental measures, which can play a crucial role in maintaining the pace of recovery and prevent negative effects of the crisis. As a consequence - of recovery in the housing sector and the increase in demand for real estate in Spain on the part of Russian buyers, "- he gave a comment HomesOverseas.ru independent expert on foreign real estate Nina Volkova.
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166 200 €
2 bedrooms
build area 59 sq. m
pool
sea/ocean view
negotiable price
garage
seller: RENTSALE
110 000 €
1 bedroom
build area 57 sq. m
pool
household appliances
sea/ocean view
negotiable price
seller: RENTSALE
269 500 €
2 bedrooms
build area 75 sq. m
pool
household appliances
mortgages available
air conditioning
seller: RENTSALE